Bengaluru Metro to soon float tenders for providing space to startups

The BMRC will soon be floating tenders for providing space to start-ups at large metro stations of cityShilpa Baburaj | TNN | Updated: May 16, 2016, 10:04 IST

The BMRC will soon be floating tenders for providing space to start-ups at large metro stations of city. The idea has been in a brainstorming state for a while but was not taken up because of the lesser footfalls at the stations.

But with the sharp increase in terms of footfall, the idea has reached the concrete stage with several investors approaching BMRC for using large metro station spaces for housing start-ups.

Speaking to TOI, BMRC general manager (finance) Vasant Rao confirmed the news and said, “Some of the stations have ample spaces that can be allowed to given to start-ups for for commercial activities. Earlier, they wouldn’t have got good rentals because of insufficient footfall but now investors or mentors of these start-ups are keener about it. This is for a purely commercial purpose wherein the investors are examining the feasibility of their projects and are the decision makers of whether to go ahead with or not”

These start-ups can be anything ranging from electronics to cosmetics. They can be coffee shops, eating joints, mobile repair shops, Milk diaries by KMF and anything which would save the commuter’s time from going an extra mile to get these things which will be able find on the metro stations he added

Ridership

On Saturday, the purple line saw a record ridership of 1, 26,708 commuters using the east-west corridor.